China is a country that presents a lot of opportunities but starting a business requires to face many challenges. To begin with, you can follow Chinaaccerator program. In fact, this is a biannual program runs for three months. If they accept
VISA your “FIRST HEADACK” in China
For the legal
THE place to Be
Where is the Silicon Valley in China… There is no Obvious reply
Office, shared offices or WorkPlace?
For the space in which you will settle the company, you should look at
In China , relation in other words guanxi is a must have because it will really help you in your business. Guanxi is a kind of score system that influence the notion of hierarchy and saving face. For instance , it is current that a person that has solid relation to lend money in order to make business together and seize opportunities.
Extend your network (Guanxi is like Water, it is Vital in China)
In the same spirit of having guanxi, you should get to know people and also ask them how they become successful but also how they failed in order to avoid some beginners’ mistakes.You should also travel in China and start serious networking at local trades events since relationship are essential when you do business.
If you decide to build a
For example, Tencent which is the maker of We
need company for help you to raise Funds (click Here)
Solid business plan
Before you get in the government’s record you should make sure about the type of business entity to register. The most common for foreign businesses are joint ventures, representatives offices. You need to have the most detailed business plan as possible because once you are registered you cannot do other activities besides the one written in you contract. If you try to offer some goods and or services not included in your business plan, the government may shut your business down. The same rules work for the location and the way you operate. Make sure that every single detail is included in the contract such as location, projected revenues , product or service description , expected number of employees and budget requirements in the plan.
Hence, you should think about intellectual property violations. They represent a big issue for foreign investors in China. Many Firms believe that because their brand is famous and recognized in their home country and do business as a trademark it will be the same in China. Unfortunately, this is not the case. Indeed, in China, the first person to register a trademark owns the right regardless or not that person is the first person to use the trademark. (see also this article)
ressources ; HUGE problem for Startups in China
it is really difficult to hire talent at reasonable Price in China, REALLY REALLY Hard.
You think it is the easy part I am sure…
Concerning the recruitment, hiring in China is a sensitive process especially when you want to hire managers. This is not because a person can speak
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